WAYNE, N.J. (AP) — Toys R Us is making it easier for shoppers to use its layaway program ahead of the crucial holiday season, waiving its service fee and minimum purchase requirement beginning Tuesday.
As brick-and-mortar stores face increasingly tough competition from online retailers, chains like Toys R Us, Wal-Mart, Sears and others have been expanding services such as layaway to draw customers into stores. Retailers will be pulling out all the stops for customers as the intensely competitive holiday season approaches, which can account for as much as 40 percent of annual sales.
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